JobPreservation

India to Implement 12% Steel Tariffs to Safeguard Domestic Industry

2 months ago

In a significant move to protect its homegrown steel manufacturing sector, India has announced plans to impose tariffs ranging from 12% on specific steel products. This decision comes in response to concerns that excessive imports could inflict long-lasting damage on domestic producers, particularly in light of the ongoing global economic uncertainties.

South Africa Engages in Talks to Prevent ArcelorMittal Plant Closures

4 months ago

In a significant development for the South African steel industry, discussions are currently underway aimed at averting the closure of ArcelorMittal's manufacturing plants in the country. These negotiations are critical as they could determine the future of hundreds of jobs and the overall stability of the local steel market.

Big Lots Secures Key Deal to Revitalize Stores and Halt Closure Plans

5 months ago

In a significant development for the retail sector, Big Lots has successfully negotiated a deal aimed at preserving its store locations and revamping its brand, despite facing mounting financial challenges. This agreement comes amidst a backdrop of uncertainty for many retailers struggling to adapt to changing consumer habits and economic pressures.

Italy's Meloni Signals Willingness to Collaborate with Stellantis to Preserve Jobs

5 months ago

Italian Prime Minister Giorgia Meloni has expressed her readiness to engage in cooperative dialogue with Stellantis, the multinational automotive manufacturer, under the condition that it prioritizes job preservation within the country. This announcement comes as Stellantis prepares to implement significant operational changes, including potential plant closures and workforce reductions, prompting concern among Italian workers and their unions.